Receiving a federal subsidy 2020 under the Decree of the Government of the Russian Federation No. 1908 dated December 27, 2019.

In 2020, Soyuztextile-ST LLC with its investment project “Technical and Technological Modernization of Production, Opening of a New Production to Increase Competitiveness of Industrial Products” successfully passed the qualification for the right to receive subsidies from the federal budget to encourage demand and increase the competitiveness of Russian industrial products within the framework of the Russian Government Decree No. 1908 of December 27, 2019 (as amended by the Russian Government Decree No. 1340 of September 2, 2020). In connection with the receipt of the subsidy from the federal budget of the Russian Federation, Soyuztextile-ST LLC is actively increasing and modernizing the equipment fleet, expanding production capacities and production output, which allows the Company to reach a qualitatively new level. Currently, the equipment purchased under this state support is being successfully put into operation.